UniCredit to raise 13 bn euros in fresh capital
Milan economy
Milan - Arab Today
Italy's biggest bank, UniCredit, on Tuesday confirmed plans for a capital increase worth 13 billion euros as it scrambles to raise funds amid market uncertainty.
UniCredit also announced plans to shed around 14,000 jobs by the end of 2019, which it said would save it 1.1 billion euros in staff costs.
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Paris - Al Maghrib Today
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Paris - Al Maghrib Today
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Paris - Al Maghrib Today
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